Looking for first investment

[Cody Martin]

Hello bigger pockets community. Looking for advice on what to look out for when analyzing a mobile home park. I've been looking mostly at multi family properties in my area and never really thought about mobile home parks until I saw one for sale about 5 mins away from me. This is a smaller park with only 5 trailers but after talking to the sellers it seems like it would easily cash flow every month. They are asking 85k (which I am confident they would come off a lot) and are getting 1650 (300-350 a trailer which I think is to low even for a trailer) in monthly income with only 70 dollars a month for insurance. They also have a storage building on the land that I would rent out for extra income. The tennants pay for their own water and utilities so expenses would be low. The way I'm thinking is I couldn't pay 85k or less for a property around here and get 1650+ for income. Any advice?